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from $700Built in 20221 Bedroom Apartments Available Now
Society 62
1435 NE 62nd AvePortland, OR 97213
New Apartments for Rent in Portland, OR Under $700(5 Rentals)
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from $700Built in 2019Studio to 3 Bedroom Apartments
72Foster No Availability!!
5005 SE 72nd AvePortland, OR 97206
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from $605Built in 2020Studio to 2 Bedroom Apartments
Cedar Grove Apartments
13400 NW Cornell RdPortland, OR 97229
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from $586Built in 20241 to 3 Bedroom Apartments
The Dr. Darrell Millner Building
5020 N Interstate AvePortland, OR 97217
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Rent Specials
from $542Built in 2023Studio to 2 Bedroom Apartments
Terrace Glen Apartments
9660 SW Greenburg RdPortland, OR 97223
Portland’s Best Affordable Neighborhoods
Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley
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Portland, OR Local Guide
How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland Studio Apartments | $1,478 | $700 | $7,091 |
| Portland 1 Bedroom Apartments | $1,896 | $800 | $10,000+ |
| Portland 2 Bedroom Apartments | $2,339 | $1,095 | $10,000+ |
| Portland 3 Bedroom Apartments | $2,624 | $1,400 | $10,000+ |
| Portland 4 Bedroom Apartments | $2,399 | $1,650 | $3,870 |
Explore Portland
Portland, OR Local Guide
- Portland Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Getting Around Portland, OR
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
85 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
54 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about New Portland Apartments
What is the Cheapest New apartment in Portland?
Currently the most affordable New Apartment in Portland is at MW8 - Shared and Furnished Housing listed at $799.
How much is the average rent for a New Portland Apartment?
The average rent for a New Apartment in Portland is $2,243.
What is the largest New Portland Apartment for rent?
Today's New apartment with the most square footage in Portland is a 4,000 square feet unit starting from $2,090 at Yacht Harbor Club.
What is the average size for Portland New Apartments for rent?
The average size for a New rental in Portland is currently at 548 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Real Estate Term Glossary: Your Guide to The A to Zs of Renting
Written by: Kevin Ready
Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.